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expeople1 [14]
3 years ago
15

The exchange rate between the American dollar ($) and the British pound (£) was $1.60= £1.

Mathematics
1 answer:
Sati [7]3 years ago
5 0

Answer:

<em>(a) Denise received $640.</em>

<em>(b) The total amount the bank charged Denise was £11</em>

Step-by-step explanation:

<u>Proportions and Percentages</u>

The exchange rate between the American Dollar ($) and the British Pound(£) is $1.60= £1.

(a) Denise changed £400 into dollars. Applying the exchange rate:

£400 = 1.60*400 = $640

Denise received $640.

(b) To change the money, we need to add both fees the bank charged Denise:

A fixed amount of £3

2% of £400 = £8

The total amount the bank charged Denise was £11

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